Yamada Denki, one of the largest electronics retailers in Japan, is planning to open a flagship store in China.

According to the statistics provided by China's Ministry of Commerce, during the three-day May Day holiday retail sales of 1,000 major retailers in China reached CNY12 billion, a year-on-year increase of 9%.

According to reports in local media, the global electronics retailer Best Buy has started to sell its own brand LCD TVs in China for the first time and these TVs are only available in Best Buy stores.

The Japan-based TV maker Sharp has signed a CNY1 billion LCD TV supply and marketing contract with Chinese Electrical Appliance retailer Gome at the retailer's headquarters in Beijing.